Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.37% | +0.06 | 1.31% |
| Return on Equity (%) | ▼ | 11.77% | -0.05 | 11.82% |
| Net Interest Margin (%) | ▲ | 4.59% | +0.31 | 4.29% |
| Efficiency Ratio (%) | ▲ | 55.88% | -4.51 | 60.40% |
| Pre-Provision Profit ($M) | ▲ | $39 | +16.42 | $22 |
| Cost of Funds (%) | ▲ | 1.67% | -0.01 | 1.68% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $7,714 | +2352.99 | $5,361 |
| Gross Loans ($M) | ▲ | $5,408 | +1807.50 | $3,601 |
| Loan Growth YoY (%) | ▲ | 84.40% | +1.33 | 83.07% |
| Total Deposits ($M) | ▲ | $6,332 | +2051.59 | $4,280 |
| Shareholders Equity ($M) | ▲ | $896 | +289.30 | $606 |
| Tang. Book Value ($M) | ▲ | $757 | +221.96 | $535 |
| TBV excl. AOCI ($M)** | ▲ | $818 | +234.67 | $583 |
| Loan / Deposit Ratio (%) | ▲ | 84.40% | +1.33 | 83.07% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.87% | -0.02 | 0.89% |
| Allowance / Loans (%) | — | 1.19% | -0.07% | 1.26% |
| Net Charge-Off Ratio (%) | ▲ | 1.18% | -0.03 | 1.20% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | ▼ | 13.08% | -1.38 | 14.45% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▃▅▅█▇ | Net Interest Margin (%) | 4.06% | 4.12% | 4.31% | 4.29% | 4.41% | 4.49% | 4.76% | 4.59% |
| ▆▇▇█▁▂▇█ | Return on Assets (%) | 1.08% | 1.16% | 1.23% | 1.31% | 0.28% | 0.55% | 1.15% | 1.37% |
| ██▅▅▆▅▄▁ | Efficiency Ratio (%) | 63.6% | 62.7% | 60.1% | 60.4% | 61.4% | 60.4% | 59.7% | 55.9% |
| █▄▁▂▂▁▂▂ | Cost of Funds (%) | 2.02% | 1.78% | 1.66% | 1.68% | 1.70% | 1.61% | 1.70% | 1.67% |
| ▃▂▁██▆▆█ | NPA / Assets (%) | 0.64% | 0.60% | 0.55% | 0.89% | 0.86% | 0.77% | 0.79% | 0.87% |
| ▃▂▁██▆▆█ | Net Charge-Off Ratio (%) | 0.88% | 0.78% | 0.70% | 1.20% | 1.21% | 1.02% | 1.02% | 1.18% |
| ▁▁▁▂▄▅██ | Tang. Book Value ($M) | $500 | $505 | $529 | $535 | $615 | $640 | $738 | $757 |
| ▁▁▁▁▄▃██ | Gross Loans ($M) | $3,602 | $3,501 | $3,632 | $3,601 | $4,269 | $4,200 | $5,436 | $5,408 |
| ▁▁▁▁▄▄██ | Total Deposits ($M) | $4,390 | $4,483 | $4,513 | $4,280 | $5,180 | $5,182 | $6,332 | $6,332 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 76% |
| C&I / Commercial | 18% |
| Agricultural | 5% |
| Consumer | 1% |
| Other | 1% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 20% |
| Interest-Bearing (core) | 64% |
| Brokered / Other | 16% |